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20121124
20121124
Search Results 0 to 11 of about 12 (some duplicates have been removed)
sure warren buffett pays at least as much as his secretary and what has proposed will not have warren buffett pay the same. have a flat tax. if you make more, you pay more. lou: president himself may have been talking to you or others about the possibility of reforming the entire tax code. >> this is a great time. >> don't forget to the last time the senate had a budget is when her read worked with speaker pelosi nobody complained they're not spending enough money. 2.5 trillion goes off $1 trillion of spending right there. lou: there are always to get there. the idea that the president and boehner come together to have a civil discourse what we will do with the fiscal cliff are you any more hopeful on this first day of discussion? >> with the president's tone. lou: are you being partisan and? >> i am being objective when i say the president proposed 1.6 trillion dollars of new revenue? he wants to destroy the economy? who will allow that increase to devastate the economy? lou: a good point*. nobody talks about the fact that individual top -- checks payments federal receipts has risen
taxes at 15%. let's make sure that warren buffett probably starts paying not just like a secretary, a proper percentage. what has been proposed will not have warren buffett paying this percentage. let's have a flat tax. take him at his word and if you make more common you will pay more, not the only way it will happen. lou: the president himself may have been talking to you or steve forbes. >> this is a great time. not only that, let's not forget that the last time that the senate had a budget is when harry reid worked with his friend, and nobody in the 2008 budget complained that they weren't spending enough money. that cuts out a trillion in spending right there. are you concerned about the time that they had taken have taken on this first day of the discussion? >> i was not hopeful that the president's tone. [talking over each other] [talking over each other] lou: are you being partisan here? >> i am not being partisan. i am being objective when i say that the president pays 1.6 trillion in new revenues. he wants to destroy the economy. no one in their right mind is going to all
. every time it happened, it was caused by greed and ego's and over lending and overspending. as warren buffett said recently, a climate of fear is an investor's best friend. had he was free and courageous and she always kept a cool head. she worked hard and did her homework and she knew her company. when everyone jumped overboard, she climbed in and grab the oars. when everyone was rushing, she clambered off the bow. it took courage, but she bought when everyone was selling and she sold when everyone was buying. by the time she died, she own houses and office buildings and big blocks from vermont to new york and illinois to missouri and texas to california. she helped out banks when times were bad and they were in trouble. she was the largest individual lender to the new york city government. she lived in the gilded age when society lived lavishly and she rebelled against their opulence. she lived a simple life. she loved her children and her friends. she was of those who befriended her for her money and she showed her dog great affection and when asked why, she said -- [inaudible] [la
tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know, i believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest here tonight, and,
down the road? >> let me make two respectful points, warren buffett is extremely good businessman says that higher taxes will not impact his decisions to expand or not expand his buildings or factories and second thing, we're had very, very high taxes and very, very high corporate profits at the same time maybe a third thing with all due respect then what's the solution? we cannot keep running the big sits. >> i will say this with respect to the corporate profits. 1 1/2 trillion dollars is sitting outside of this country. a lot of these corporations when you dig through the numbers, every time they report, they're making money outside of this country. gary k, i think that's the point. businesses aren't making money in america, and sometimes, sometimes the public gets a little bewildered because the market's high beau that's not in direct correlation to our economy. >> i use the word potential. i've been saying this for-- it's a few years now, the potential for this economy keeps getting headwinds, what's the headwinds? the uncertainty out of washington and the potential for higher taxe
when you're a small business like i am -- neil: you're not a small business. you ara warren buffett with long-haired if you reach a point where you get to 75%, which is being tossed aroun there, how can you keep your employees? at some point when you're not making any profit. neil: a lot of what you say, it is 35% right now, that what you're saying, you bring in up to 39.6% under clinton. i might be able to live without. i might not. is their level of crunching the numbers? you are pretty good at math? >> i am maied to a canadian and i can always run to canada. [laughter] he has dual citizenship. neil: may be billionaires are not focung on jobs because they are focusing on their love lives or their lack of one. how the grinch are stiking out these days. it could be a real beach for it could bthe boys usech for capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their y got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can tually u
're not a small business. you are a warren buffett with long-haired if you reach a point where you get to 75%, which is being tossed around there, how can you keep your employees? at some point when you're not making any profit. ne: a lot of what yousay, it is 35% right now, that's what you're saying, you bring iup to 39.6% under clinton. i might be able to live without. i migh not is their level of crunching the numbers? you are pretty good at math? >> i am married to a canadian and i can always run to canada. [laughte he has dual citizenship. neil: may be billionaires are not focusing on bs because they are focusing on their love lives or their lack of one. how the grinch are striking out these days. it could be a real beach for jobs. neil: if you are rich, the president is itching to go after you. my next guest says that is bad, but this could be worse. millionaires and billionaires are having a taxing good time finding love. but 1-800-flowers, jim mccann says that he has the fix for that. i am finding that the peak is in. they are all telling me about what things are all abo, the number
incumbent wealth. if you take the wealth of two admittedly hugely rich people, bill gates and warren buffett, their wealth is equal to the collective wealth of the bottom 40% of the income distribution in the united states. two got a very cool to the bottom 1 twenty million americans. that is pretty big. interestingly, this was a surprise. i sold my book to the publishers in september of 2008 just before the financial crisis and then the crisis happened and many people were sad and i had a particular reason for sorrow because i thought the entire premise of my book is gone. the superelite is over. this financial crisis has happened, surely this system is going to change completely and these superfortunes will be wiped out and there will be a real calibration. i wrote a new book proposal. but after six months i was talking to my publishers and we said actually, that proposal is still going to work. the data of borne that out. i would like to talk about it as the 1% recovery. if you look at -- it is true. if you look at the economic recovery, the numbers in terms of income distributions in 200
that are starting to be built. so is the recovery real? warren buffett, the celebrated investor and the world's richest men says, yes. >> we have a large real estate brokerage firm. we have building supply companies. and we're seeing prices moving up somewhat. we're seeing demand improve. we're seeing the overhang of houses diminish. we're coming back. >> on the other hand, the former federal reserve chairman allen greenspan told me don't get excited yet. >> what's happening is real. it's slow. but we can exaggerate how big it is. but it's going, certainly going in the right direction. >> joining me now is chris maier from columbia business school. jonathan miller is the president and ceo of estate appraisal and consulting firm miller samuel. median home prices have risen for eight months in a row. the case schiller 20 city index up is five months in a row. you say don't look at the prices so much. >> i think looking at housing prices is the worst thing to look at. i think you want to look at activity levels. the reason we're seeing prices uptick is we're seeing foreclosure activity at a ligh
Search Results 0 to 11 of about 12 (some duplicates have been removed)